Tech Mahindra - Light at the End of the Tunnel
Tech Mahindra (TECHM) reported 1QFY25 revenue of USD1.5b, up 0.7%QoQ in CC vs. our estimate of 0.4% QoQ CC. The weakness was primarily due to a...
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It Services Q1fy25 Result Preview – Moderated Growth; Recovery Expected
Many large enterprises are likely to prioritize cost optimizations, resulting in an increase in cost take-out deals, vendor consolidation, and...
235 Views
IT: More of the same is good news
IT sector (coverage universe) continues to transition from a protracted IT upgrade cycle and low discretionary spending to some normalisation in...
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Tech Mahindra - Roadmap Engineered for Long Term Success: Upgrade to Buy
The management has outlined a strategic plan over the next three years to enhance the company’s sustainability and predictability in terms of...
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Tech Mahindra (Q4FY24): Work in progress. Maintain REDUCE
The medium-term goals are promising and the leadership changes as well as the rejig in org structure do add credibility to the plan, in our opinion
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